There are many schemes that allow you to grow your finance; out of which some are risky and
others risk-free. Investment options like mutual funds offer a high rate of interest but are subject to market fluctuations. Whereas investment avenues like fixed deposits offer a lower rate of interest but are extremely safe. FD is the best low-risk investment option for those who want stable returns with safety. There are various reasons which make FD one of the best investment options. Some of them are as follows: 1. Interest rates FDs have high interest rates which give high returns. These interest rates are higher than the savings account.
2. Returns
You will get your money along with the interest amount at the end of maturity without any uncertainty. 3. Tax-savings benefits Your money is also applicable for tax-benefits 4. Capital growth Your money is subject to long-term growth of savings. 5. Withdrawal In case of an emergency, you can easily withdraw your money. 6. Regular interest income You can earn regularly with fixed deposit. 7. Payouts One of the greatest advantages of fixed deposit is that it has flexible interest payouts. These points make FD an excellent investment choice. Several non-banking financial institutions like Bajaj Finserv offer many FD schemes that allow you to watch your surplus grow. It has high interest rates and flexible tenures which enable you to grow your capital and smartly. Moreover, you can start investing with just Rs.25000! Visit www.bajajfinserv.in to know more about the FD schemes and offers.
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About Author:Aman is working in the domain of Investment management in one of the top universities. He has published research papers and case studies in Investment and Fixed Deposit marketplace. He is an avid blogger in the domain of Investment management. you can also find him on social networking platforms. Archives
August 2022
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